How Much Did State Communications Raise?
Funding & Key Investors

State Communications, a provider in the two-way wireless radio industry, has secured $41K in recent financing, contributing to a total funding amount of $41K. This capital infusion signals a significant growth phase for the company, likely aligning with its Series B/C stage of development.

What is State Communications?

State Communications
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State Communications has been a long-standing service provider in the tri-state area for over two decades, specializing in the two-way wireless radio industry. The company offers a comprehensive range of services, from supplying new, state-of-the-art products to providing fast, quality repairs for both analog and digital systems. Their expertise extends to custom designing repeater systems, including IP connect solutions for multiple locations, engineered by their FCC licensed technical and system design staff. State Communications also positions itself as a cutting-edge provider in building linking and wireless two-way technology, capable of delivering tailored solutions for future expansion. As an authorized full-service provider for major two-way portable radio brands, they emphasize cost savings on parts and accessories, alongside warranty repairs conducted by licensed FCC technicians in their advanced service center, guaranteeing repairs for 30 days. The company is adept at designing and installing reliable wireless systems, including simple stand-alone desktop repeaters and multi-departmental in-building systems, with options for strategically located base stations for power and backup. They are also actively promoting the benefits of new TDMA Digital Repeaters, which allow for two separate simultaneous users on a single repeater.

How much funding has State Communications raised?

State Communications has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

Key Investors in State Communications

PPP

Public-Private Partnership

What's next for State Communications?

With the recent substantial expansion capital, State Communications is poised for significant operational scaling and technological advancement. The company's focus on both analog and digital systems, coupled with their expertise in custom repeater design and installation, positions them to capitalize on evolving communication needs across various sectors. Future investments are likely to be directed towards enhancing their digital offerings, expanding their service reach within the tri-state area, and potentially developing new product lines or service packages to meet emerging market demands in wireless communication technology. This strategic financing will enable them to further solidify their market position and pursue new growth opportunities.

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Frequently Asked Questions Regarding State Communications Financial Insights

What are the most recent funding rounds that State Communications has completed, and what were the funding rounds?
State Communications has recently completed 1 funding rounds: Debt on Mar 5, 2021.
What is the total amount of funding State Communications has raised to date?
State Communications has raised a total of $41K in funding to date.
How many funding rounds has State Communications completed?
State Communications has completed 1 funding rounds.
How much funding did State Communications raise in its most recent funding round?
State Communications raised $41K in its most recent funding round.
Who are the lead investors in State Communications's latest funding round?
The lead investor in State Communications's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in State Communications's history?
The largest funding round in State Communications's history was $41K.
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